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Sep 25, 2012 8:00pm EDT
in benghazi were attacks on america. we are grateful for the assistance we received from the libyan government and from the libyan people. there should be no doubt that we will be relentless in tracking down the killers and bringing them to justice. and i also appreciate that in recent days, the leaders of other countries in the region -- including egypt, tunisia and yemen -- have taken steps to secure our diplomatic facilities, and called for calm. and so have religious authorities around the globe. but understand, the attacks of the last two weeks are not simply an assault on america. they are also an assault on the very ideals upon which the united nations was founded -- the notion that people can resolve their differences peacefully, that diplomacy can take the place of war, that in an interdependent world, all of us have a stake in working towards greater opportunity and security for our citizens. if we are serious about upholding these ideals, it will not be enough to put more guards in front of an embassy, or to put out statements of regret and wait for the outrage to pass. if we are se
Oct 1, 2012 4:00am EDT
they need nearly 60 billion euros more to expand the shock. the same time, the spanish government has said that the extra aid would push its budget deficit 7.4% of gdp in 2012, which is above the eu's target. so i don't know how she moves around so quickly from place to place, but from athens to madrid, here is julia. >> thanks very much, ross. you just have to bear with me if i make another freudian slip on greece versus spain. but right now, what we heard from the government over the weekend was that their deficit will be on target at 6.3%. but if you include the bank aid as you mentioned, 7.4%. they did make great pains to point out that european commission officials have not asked them to make any adjustments to reduce that number, but the question has to be asked what happens if they don't meet the deficit target of 6.3%. many analysts are expecting them to come in around 7% in terms of the target for this year. day take last week actually showed that the central government deficit came in just around 4.3% up to august. how, the full year target is 4.5% and then we're not even bringin
Sep 26, 2012 2:00pm EDT
's been very interesting going on as of late. long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at the start of the year the two were going in opposite directions as we usually see. we had flare-ups. they started to converge, come back. we did what we normally do, diverged again. look at the far right, they are coming back together. people get scared, sell stocks and buy bonds. is that what's going on here? let's get rick santelli's take on it. rick? >> i think you nailed it. i think there is a bit of a water balloon metaphor or analogy to this as well. the federal reserve has a giant water balloon and they are trying to manage it. that represents a
Search Results 0 to 2 of about 3